Blockchain in Singapore
Singapore blockchain ICO company
according to the analysis of market results, at present, 70% of the companies registered in Singapore are public companies, and 30% are private limited companies in particular, there is no legal entity in Singapore called "foundation". What we usually call registered Singapore foundation refers to the type of public company Singapore public company: 1. Independent legal entity
3. No shares or share capital
4; Articles of association) to clarify the upper limit of each member's liability
Non profit: initially, it was mainly for non-profit organizations6
the company needs at least 2 company officials. At least one director must be Singaporean or permanent resident (Bajie can provide)
Singapore private limited company:
1. At least one shareholder and at most 50 shareholders can be natural persons and companies
2. At least one local director and one legal secretary (not the same person, Bajie can provide them)
3. Limited liability4
Three years before the establishment of the company, the profits of the first 100000 Singapore dollars are exempt from corporate tax, the tax rate of the company within 300000 Singapore dollars is 8.5%, and the tax rate of the part exceeding 300000 Singapore dollars is 17%is Singapore blockchain ICO a public company or a private limited company? What are the conditions
registration conditions and fees of Singapore public company:
1. Company Name: English only, company type is public guarantee limited company, ending with Ltd. or limited
Registered capital: there is no registered capital, but each member will pay in S $13. Members of directors: the requirements of directors are the same as those of ordinary companies, but there are no shareholders
Registered address: Bajie can provide Business scope: at most 2 main business activities can be selected (generally computer software, network, information technology, etc.) Legal secretary of the company: Bajie can provideregistration time: 4-6 weeks
registration conditions and fees of Singapore private limited company:
1. Company Name: English only, company type is private limited company, ending with PTE. Ltd
2. Registered capital: there is no need to verify the capital. The minimum is S $1, the maximum is S $500000, and the annual fee of Singapore business alliance is required
3. Directors and shareholders: at least one scanning of passport + ID card (address proof) of directors and shareholders shall be provided, and non Singaporean shall register. If an account needs to be opened later, at least two directors (except Singaporean local directors) shall be provided for registration
4. Registered address: local registered address in Singapore (available from Bajie)
Business scope: at most two main business activities can be selected (generally, the business scope of computer software, network, information technology, etc.) Legal secretary: provided by our companyregistration time: usually 3-4 weeks
note: after the registration of general for-profit foundation, there is no need to audit if there is no bank account, while the annual inspection and audit of non-profit foundation must be done every year after the registration
after the Singapore blockchain ICO company established the Singapore foundation, if it wants to issue currency, it will also involve four certificates:
1. White paper compliance: to prove that the projects undertaken by the foundation are in line with Singapore regulations, to prevent MAS (monetary authority of Singapore) investigation, which need to be used when going to the exchange
2. Token non securitization proof: prove that the project is non securitized, avoid causing trouble, and securitization is unable to engage in block chain related business in Singapore
3. Compliance of private placement terms: proving that the fund raising and sales concted before going to the exchange are legal and compliant
4. Compliance of public offering terms: it is equivalent to the commitment made to the majority of investors after going to the stock exchange, increasing the confidence of investors
note: the above certificates can be provided by Bajie Singapore lawyers
Singapore regards the development of blockchain technology as the top priority of the country. According to the law, "public guarantee company limited" is established for non-profit purposes, and its members are responsible for contributing assets to the company. It can be seen that ICO foundation is supported by policies in Singapore. Singapore is the center of Asian blockchain, the most popular settlement area, and the government has a clear regulatory attitude towards ICO Close to China, open and friendly policy, shape corporate public image, provide financial support for enterprises, reasonable tax avoidance
1. Provide at least three members, including ZhuoZhi, director of Singapore, and the other two members provided by customers themselves
2. Company name, in all capitals, ending with Foundation Ltd.
3. Registered address: provided by ZhuoZhi
4. Registration time: 10-25 working days
blockchain
instry is very prosperous, many project parties and related consulting service companies are operating in Singapore, and the related resources are very rich. Singapore has a Siyi
Unicorn
, which focuses on blockchain ICO.
I hope I can help you
First, the advantages of registering a blockchain company in Singapore
1. If the profits from offshore business are not remitted into Singapore, they do not need to pay any tax, and only need to submit annual statements and accounts audited by local accountants every year
2. If the annual income of a private company does not exceed S $5 million, the annual accounts need not be audited
3. Signing investment and double taxation protection treaties with many countries No foreign exchange control, easy to raise funds Political, economic and trade environment is stable2. Conditions for registering blockchain companies in Singapore
2. Directors and shareholders: provide scanned copies of ID cards or passports of directors and shareholders, with at least two directors, one of whom is Singaporean
(3) registered capital: there is no need to verify the capital, the minimum is from S $1, and the maximum is no upper limit; Several shareholders need to provide the share proportion4. Registered address: the local registered address in Singapore, which can be provided by us
5. Business scope: at most 2 business items can be selected, one item corresponds to one code
The legal secretary of the company can be provided by us3. The process of registering blockchain companies in Singapore
3. Sign the agreement of entrusting the registration of Singapore company
4. After the registration, get the information obtained from the registration of Singapore company